Climate change is a key challenge for insurance companies
Understand the interdependencies between assets and liabilities, shifts in new business dynamics and meet increased reporting and disclosure obligations arising from the net-zero transition, physical risks, and uncertainty in market responses with climate scenario analysis.
ClimateMAPS, in exclusive partnership with Cambridge Econometrics, offers a holistic approach to optimizing an insurance company’s business performance and ensuring portfolio resilience against the impacts of climate change.
Identify climate risks. Illuminate climate opportunities
How does ClimateMAPS support insurance companies
By utilizing our Ortec Finance Climate Scenarios, developed using our award-winning propietary climate scenario modeling framework or publicly available NGFS climate scenarios, ClimateMAPS can support insurance companies to:
- Assess current risk exposure and identify opportunities by simulating real-time portfolios under a range of climate narratives
- Quantify climate change impacts across all asset classes and macroeconomic variables to inform strategic asset allocation
- Conduct rigorous scenario planning and stress tests that incorporate realistic assessments of climate transition, physical, and market risks
- Gain a deeper qualitative understanding of scenario outcomes and trends
- Comply with Solvency II, ORSA and TCFD & ISSB-related risk reporting and disclosure obligations
- Evaluate the impact of climate change on new business behavior and preferences across different plausible scenarios
How can insurance companies benefit from our ClimateMAPS climate scenario analysis solution?
Ability to integrate climate risk analysis results with traditional risk return analysis outcomes via our economic scenario solution
Generates extensive insights and detailed narratives covering short and longer-term investment horizons
Can be utilized on a standalone basis and/or integrated with SAA & ALM exercises
Want to learn more about ClimateMAPS?
Visit our Climate Scenarios & ESG page to learn about the features of ClimateMAPS and how it can support insurance companies to prepare their portfolio for the impacts of climate change.
ClimateMAPS – climate scenario analysisContact
Hamish Bailey
Managing Director UK, Head of Insurance & Investment
Stefano Lee
Managing Director - Asia Pacific
Maurits van Joolingen
Managing Director, Climate & ESG SolutionsRelated Insights
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18 November 2024Ortec Finance appoints Koen de Reus to Head of Client Servicing, Climate & ESG SolutionsKoen de Reus will lead a team of climate risk professionals to help financial institutions measure, manage, and monitor their portfolio’s climate risk exposure.
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07 November 2024Exciting updates for our international Client Conference formatAnnouncement of some updates regarding the Ortec Finance annual International Client Conference.
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30 October 2024How AI can help manage insurance portfoliosLearn how our Scenario-Based Machine Learning (SBML) approach enables insurers to optimize complex objectives by training AI on thousands of simulated scenarios, uncovering high-performing portfolios traditional methods might miss. Discover how AI-driven scenario analysis is transforming insurance portfolio management.
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29 October 2024Quarterly Outlook: Q3 2024The outlook is based on the Ortec Finance Economic Scenario Generator (ESG) and offers our perspective on recent developments in the economy and capital markets.
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01 October 2024Ortec Finance appoints Maurits van Joolingen to head Climate & ESG SolutionsMaurits van Joolingen will be responsible for Ortec Finance’s climate scenario analysis tool to support the risk management needs of financial institutions.
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11 September 2024How to improve stress testing for climate changeLearn how financial institutions can understand and prepare for extreme climate risks with climate stress scenarios
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03 September 2024Beware how financial markets are pricing in climate riskAn inconsistent approach and general lack of understanding is heightening risk
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15 August 2024Think Tank - A climate-informed investment approachLearn how leading institutional investors are addressing climate risks at a special Ortec Finance event held alongside the 2024 PRI-in person conference
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30 July 2024Ortec Finance updates its climate scenario analysis offering to include NGFS Phase IV climate scenariosOrtec Finance releases Phase IV NGFS-based climate economic and financial datasets under its ClimateMAPS – climate scenario analysis solution